212: How Incentives Really Influence Site Selection with Taylor Stepp
A conversation with Taylor Stepp about how incentives really work in corporate location decisions and how communities can design faster, smarter, more competitive development processes.
Econ Dev Show Podcast - Economic Development
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Show Notes
In this episode of the Econ Dev Show, Dane Carlson talks with Taylor Stepp, Founder and President of Strategic Development Partners, about the real role incentives play in economic development deals.
Drawing on experience working with corporations and communities across the country, Taylor explains how incentives influence project internal rate of return, why applicability and customization matter more than flashy packages, and how responsiveness and speed from local governments can win projects even when incentive dollars are smaller.
The conversation also explores how communities can structure clearer processes, communicate timelines, and position themselves to compete more effectively for major investment.
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Special Guest: Taylor Stepp.
Sponsored By:
- Sitehunt: If your property data is scattered or out of date, you're losing projects. Sitehunt gives economic developers an AI-powered property database and instant RFI responses. Schedule a demo today!
Links:
- Strategic Development Partners
- Taylor Stepp, CEcD | LinkedIn
- Strategic Development Partners | LinkedIn
- How to Spot a Community That’s Ready for Your Investment - Area Development
- Midwest becomes hotspot for semiconductor manufacturing and supply industries - Area Development
- Heritage Drums — Taylor runs a national drum shop, Heritage Drums, where they rehabilitate and ship drums across the country.